Amount$1M
AnnouncedFeb 28, 2024
SectorWide Area Network (WAN), Software Defined (SD), Communication, Network, Secure Access Service Edge (SASE)
Sub-sectorArtificial Intelligence
Mixed
A mixed round — some signals are off the norm.
Syndicate size
Single investor — limited external validation.
Insider conviction
1 existing investor re-upped — insiders doubling down.
Investor track record
Mostly newer or unproven managers.
Heuristic read of round size vs peers, syndicate size, insider conviction, and investor track record. Not investment advice.
vs. Wide Area Network (WAN), Software Defined (SD), Communication, Network, Secure Access Service Edge (SASE) (4)
Round size in sector25th pct
$1Mthis round: $1M$2M
